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For sale
  • Price cut: $30K (6/22)
    $390,000

    120 S Locust St, Arcola, IL 61910

    13beds
    10,648sqft
    : 
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    Single Family Residence
    Built in 1895
    0.37 Acres Lot
    $-- Zestimate®
    $37/sqft
    $-- HOA

    What's special

    Indoor in-ground heated poolGenerously sized bedroomsGenerously sized roomsTwo full kitchensDedicated hot tub roomAbundant storageElectric baseboard heat
    Rare Commercially Zoned Estate Offering Endless Potential. An extraordinary opportunity awaits with this one-of-a-kind property, perfectly suited for visionary buyers seeking space, character, and versatility. Featuring 13 bedrooms, including 4 en-suite baths, along with 9 full bathrooms and 2 half baths, this expansive estate offers room to imagine, create, and invest. The property includes two four-car garages and a charming inner courtyard, while generously sized rooms and abundant storage are found throughout. Multiple entertaining spaces include two formal dining rooms, plus two full kitchens-one on the main level and one upstairs-ideal for multi-use living or commercial applications. A standout feature is the indoor, in-ground heated pool, complete with a diving board, slide, and extensive surrounding storage. The pool deck off the main floor provides ample space for entertaining, with a dedicated hot tub room just beyond. In addition to the residential living areas, the property offers two fully equipped medical office suites, each featuring four exam rooms, reception areas, and nurses' stations-making this an exceptional opportunity for medical, professional, or mixed-use purposes. The original 1895 residence showcases timeless character, including an inviting foyer with the original staircase, an original fireplace in the living room, a spacious upstairs landing, and generously sized bedrooms. Thoughtful additions over the years have expanded the property to support both a growing family and a thriving medical practice. Zoned commercial, this property presents outstanding potential for a live-in bed and breakfast, medical or professional offices, retail space, or other creative ventures. Additional features include electric baseboard heat, window A/C units, and a new metal roof. Property is being sold As-Is. A truly rare offering where historic charm meets unmatched scale and opportunity. Dimension sheet is available onsite - Call Today for Your Tour
    141 days
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    712
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    34
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    Zillow last checked:

    Listing updated:

    Listed by:

    Ginger Denton 217-369-4864,

    Legacy Land Co LLC

    Source: My State MLS,MLS#: 11651457

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 11
      • Full bathrooms: 9
      • 1/2 bathrooms: 2
      Rooms
      • Room types: Den, Dining Room, En Suite, Family Room, First Floor Bathroom, First Floor Master Bedroom, Kitchen, Living Room, Study, Walk-in Closet
      Kitchen
      • Features: Eat-in Kitchen, Laminate Counters
      Basement
      • Area: 300
      Heating
      • Electric, Baseboard
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Dishwasher, Refrigerator, Oven, Water Heater, Stainless Steel Appliances
      Features
      • Flooring: Laminate, Tile
      • Doors: Bilco Doors
      • Basement: Partial,Bilco Doors,Unfinished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 5,500
      • Total interior livable area: 10,648 sqft
      • Finished area above ground: 5,200

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached
      • Garage spaces: 8
      Features
      • Stories: 2
      • Patio & porch: Open Porch, Deck
      • Exterior features: Utilities
      • Has private pool: Yes
      • Pool features: Heated, Indoor, In Ground
      • Has view: Yes
      • View description: Street
      Lot
      • Size: 0.37 Acres
      • Features: Corner, Pool
      Details
      • Parcel number: 011404424020
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1895

      Utilities & green energy

      • Electric: Amps(200)
      • Sewer: Municipal
      • Water: Municipal

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Arcola

      Financial & listing details

      • Price per square foot: $37/sqft
      • Tax assessed value: $422,412
      • Annual tax amount: $10,618
      • Date on market: 2/8/2026
      • Date available: 02/08/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,429/mo

        Price history

        DateEventPrice
        6/22/2026Price change$390,000-7.1%$37/sqft
        Source: My State MLS #11651457 Report a problem
        4/7/2026Price change$420,000-6.7%$39/sqft
        Source: My State MLS #11651457 Report a problem
        2/8/2026Listed for sale$450,000$42/sqft
        Source: My State MLS #11651457 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,619 +7%$140,804 +11.4%
        2023$9,927 -4%$126,440 -4.2%
        2022$10,340 +2.3%$131,987 +5.1%
        2021$10,109 +3.2%$125,606 +3.4%
        2020$9,791 +3.2%$121,500
        2019$9,486 +3.7%$121,500 +12.3%
        2017$9,148 $108,158 -28.8%
        2015$9,148 -29.3%$151,947 +4.7%
        2014$12,934 +12.6%$145,073 +18.2%
        2013$11,485 $122,766

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 61910

        Getting around

        58 / 100
        Somewhat Walkable
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Arcola Cusd 306

        Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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